WASHINGTON -- Former Federal Reserve Chairman Alan Greenspan told Congress on Tuesday that new revenue raised from overhauling the tax code and eliminating loopholes should be used to reduce federal deficits, not to lower tax rates.

Click to expand...

what ever happened to sacrifice for this "great nation" (Payland- speak)? Everybody wants something for free.

WASHINGTON -- Former Federal Reserve Chairman Alan Greenspan told Congress on Tuesday that new revenue raised from overhauling the tax code and eliminating loopholes should be used to reduce federal deficits, not to lower tax rates.

Click to expand...

why??? you forgot to say??? You have no clue!! The objective is to turn the private economy loose, not to feed the liberal government beast that should be cut to lower deficits.

WASHINGTON -- Former Federal Reserve Chairman Alan Greenspan told Congress on Tuesday that new revenue raised from overhauling the tax code and eliminating loopholes should be used to reduce federal deficits, not to lower tax rates.

Click to expand...

why??? you forgot to say??? You have no clue!! The objective is to turn the private economy loose, not to feed the liberal government beast that should be cut to lower deficits.

Click to expand...

They regulated themselves perfectly in 2007-8 Name one country, not including Somalia, that is 100% capitalism/regulation-free.

...Name one country, not including Somalia, that is 100% capitalism/regulation-free...

Click to expand...

---and name one country, not including Somalia, that is 100% market-free. Back on the Planet Earth we accept the fact that human beings create markets and governments that can't exist without each other, and the adult question here is how much gov't do we want?

Greenspan supposedly says we need more taxes, at least according to Forbes. Greenspan's wrong a lot, and Forbes is wrong about what people say a lot. I know that if I pay more taxes then I'll lay off more workers. I'll still be ok, but is that what really what you want?

Useful Searches

About USMessageBoard.com

USMessageBoard.com was founded in 2003 with the intent of allowing all voices to be heard. With a wildly diverse community from all sides of the political spectrum, USMessageBoard.com continues to build on that tradition. We welcome everyone despite political and/or religious beliefs, and we continue to encourage the right to free speech.

Come on in and join the discussion. Thank you for stopping by USMessageBoard.com!